Asian shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Officials in Beijing said pension funds and mutual funds would be required to increase purchases of shares,
BANGKOK — World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany’s DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.1% higher to 7,847.38. Britain’s FTSE 100 slipped less than 0.1% to 8,539.88.
Japan's Nikkei 225 futures pointed to a stronger open for the market. The futures contract in Chicago is currently at 40,260 and its counterpart in Osaka last traded at 40,480 compared to the index's previous close of 39,931.98.
Asian stock markets were choppy on Thursday as traders in Tokyo embraced the global AI story, but Hong Kong investors were underwhelmed by Beijing's latest plan to force-feed higher values on China stock exchanges.
China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs.
The US firm’s request was received by the China Securities Regulatory Commission on Friday, according to a filing posted on the regulator’s website.
A view of the headquarters of China Securities Regulatory Commission in Beijing. [CHINA DAILY] BEIJING -- The China Securities Regulatory Commission (CSRC) on Sunday released an action plan to ...
Led by the chief of the China Securities Regulatory Commission, officials from five government departments joined hands to map out the latest action plan to support a struggling stock market.
Investing.com -- Citadel Securities, led by CEO Peng Zhao, has submitted an application to the China Securities Regulatory Commission to establish a brokerage in mainland China. The move comes as many Wall Street firms find it challenging to navigate the ...
China announced plans on Thursday to channel hundreds of billions of yuan of investment from state-owned insurers into shares as part of the government's latest efforts to support a struggling stock market.
chairman of the China Securities Regulatory Commission, told reporters. He said this should pump "hundreds of billions of yuan of new long-term funds" into the stock market.
Japan's Rakuten Group has decided not to seek a listing for Rakuten Securities on the Tokyo Stock Exchange, the company said on Thursday.